bet9ja.com
William Hill earnings enhanced by online betting
bit.ly
19 April 2013
bet9ja.com
William Hill said a strong performance in online wagering assisted to increase its very first quarter operating revenues by 8%.

More sporting bets were made online than in its betting shops, with an increasing number put through its mobile apps.
bit.ly
The company said, external that although it had a bad Cheltenham Festival, it had much better luck in the Champions League.

It was the very first time no English had actually been in the quarter finals because 1996.

As such, while the quantity paid to winning bets at the Cheltenham Festival was higher, the money punters put on English teams to progress to the Champions League quarter finals and beyond all went into William Hill's coffers.

The firm said it had actually likewise enjoyed its best-ever lead to a Grand National, which was won by the 66-1 outsider Auroras Encore.

"It has been an effective start to 2013 in trading terms", stated primary executive Ralph Topping.

"Having grown our UK online market share from 10% to 15% over the yohaig code last four years, we aim to increase our share and are making significant financial investments in marketing, technology and individuals to attain that," he added.

On Monday, rival bookmaker Ladbrokes cautioned that trading had actually been even worse than anticipated in the very first three months of the year.

The company blamed a drop in profits from the Cheltenham Festival and lower revenues from high value bettors. It added that a high number of cancelled conferences, due to the fact that of the yohaig code harsh winter season, had also affected its outcomes.
bet9ja.com
Richard Hunter, head of equities at Hargreaves Lansdown Stockbrokers, said: "William Hill's efficiency and potential customers remain in stark contrast to the difficulties presently being dealt with at Ladbrokes.
bet9ja.com
"There are, of course, headwinds, such as the fierceness of competition in the sector and the usually pressed consumer, but these are difficulties which the entire market is dealing with," he added.
bit.ly
Ladbrokes cautions on slower trading

15 April 2013